News of the Day: Trump to overhaul decades old environmental permitting rules in bid to speed infrastructure approvals OIL Dakota Access pipeline can keep running amid legal fight: U.S. courtReuters, July 15, 2020 The Dakota Access oil pipeline can continue to operate amid an ongoing court battle, a U.S. Appeals Court said on Tuesday, setting aside for now a lower … read more
OIL OPEC sees oil demand soaring in 2021 but still below 2019Oil & Gas 360, July 14, 2020 Global oil demand will soar by a record 7 million barrels per day (bpd) in 2021 as the global economy recovers from the coronavirus crisis but will remain below 2019 levels, OPEC said in its monthly report. It was the first report … read more
OIL OPEC chief sees oil market moving closer to balance before key meetingOil & Gas 360, July 13, 2020 The oil market is getting closer to balance as demand gradually rises, OPEC’s secretary general said on Monday, two days before the group and ally Russia meet to decide whether to ease output curbs from August. The Organization of the Petroleum … read more
